AUSTIN-A developer is buying into the bustle at the intersection of Parmer Lane and Interstate 35, the major north-south artery bisecting Texas. The 240,000-sf Park Central Project will be situated on 19.5 acres.
CORAL GABLES, FL-Codina Group's property management division has picked up one new assignment and renewed two others, increasing its portfolio to 14 million sf in 42 properties.
PORTLAND-Keith Brown Building Materials of Salem, Ore., which bought six of the stores in June, has signed a letter of intent to acquire the remaining 15 stores still held by the Whitsell family.
ATLANTA-Eugene I. Laxer, founder and principal of Laxer & Associates Retail Consultants and former vice president of HSG/Gould, joins Lend Lease Real Estate Investments Inc. as strategist for the company's retail assets.
ORLANDO-The Indianapolis-based developer is paying Houston-based Shell Energy & Land Co. $6.4 million for a 36.7-acre tract at NorthPoint, a hot commercial park in suburban Orlando.
CHARLOTTE-The first half has been good to growing Mecklenburg County as 552 firms plan to create 9,628 jobs, occupy 9.6 million additional sf and invest $1.33 billion.
AUSTIN-Popular home builder, Centex, is joining in Austin's land rush, buying 62 acres to construct more than 200 homes in the city's northeast sector. The city's tight housing market has triggered a building surge in the state's capital.